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Ten Years Ago, The Self Driving Car Revolution Started In Victorville

socalTECH

Ten years ago this week--on November 3, 2007--the self driving car revolution was launched in Southern California--in all places, Victorville, at the DARPA Urban Challenge. Bloomberg published an in depth look at how that competition is behind nearly every self driving car team working today in the industry. READ MORE>>.

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YouMail Gets New Competition: Google

socalTECH

Google, released a preview of its new voicemail services late Wednesday evening, saying that the new service--based on technology it gained from an acquisition of GrandCentral Communications in 2007--will offer call screening, voicemail transcripts, ability to check voicemails online, personalized greetings, and other features.

Google 100
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Velocify Acquired By Ellie Mae For $128M

socalTECH

Velocify was led by President and CEO Nick Hedges, who took over as President and CEO at the firm in 2010; Velocify started life as Leads360, the onetime winner of the Tech Coast Angel's Fast Pitch competition back in 2007. READ MORE>>.

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Cash control during these strange times

Berkonomics

And these are indeed strange times, especially if you haven’t lived through 2000-2002 and 2007-2008 recessions and difficulty in finding money from banks and investors. If the time to market is slowed by inefficient development, the risk of a competitive product overtaking yours increases dramatically. The simple economic truth.

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CoronaVirus and small business: A discussion about economics

Berkonomics

Waiting until it becomes clear that they need additional capital (even short term capital) would put them in competition with the rest of the business world and would be a lot pricier than it would be currently. Take a lesson from Ford Motor Company and their prescient CFO and President in 2006 and 2007. A lesson from the recent past.

News 156
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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). It was a way to make it hard for your competition to compete. Until we weren’t.

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Why We Think B2B Crowdsourced Logistics Will Be a Big Hit

Both Sides of the Table

Six months ago Upfront Ventures announced its first Partner hire since 2007 – Greg Bettinelli. On the one hand you can view their local stores as a competitive disadvantage because eCommerce companies can sell products with no physical retail stores. I wrote about him here. Take for example retailers.

Startup 331